NVIDIA's latest quarter (the first of its 2021 financial year (1FQ2021)) ended in April 2020. The corresponding report states that laptops represented a relatively large proportion of gaming-associated revenue in these 3 months. In an interview, the chipmaker's CFO, Collette Kress, noted that this may have been influenced by recent global events.
The Covid-19 pandemic and its concomitant quarantining measures have been projected to be capable of depressing tech markets for the foreseeable future. NVIDIA's latest financial report does not really bear this out, however.
On the contrary, it shows that people may have been ordering more gaming hardware, notebooks and consoles such as the Tegra X1-powered Nintendo Switch included, in order to cope with their recent staying-in-place living conditions.
On the other hand, NVIDIA's 1FQ2021 gaming revenues were down about 10% quarter-on-quarter (QoQ). However, the OEM characterizes this drop as a function of "seasonability", and thus to be expected. The same revenues are indeed 27% up year-on-year (YoY).
Kress also noted that the company "sold almost the full stack" when referring to its notebook-destined GPUs, and was "very happy with" their business from mobile and Max-Q RTX cards.
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Source(s)
NVIDIA via The Street
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